|Bid||83.47 x 900|
|Ask||83.64 x 800|
|Day's Range||82.61 - 83.80|
|52 Week Range||66.53 - 90.00|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||32.58|
|Earnings Date||Jun 26, 2019 - Jul 1, 2019|
|Forward Dividend & Yield||0.88 (1.00%)|
|1y Target Est||91.75|
Over 170 footwear companies signed a letter urging President Trump to consider a halt in raising tariffs on footwear imports from China. Yahoo Finance's Zack Guzman & Heidi Chung, along with former General Electric Vice Chair Beth Comstock discuss.
NEW YORK (AP) — Attorney Michael Avenatti said Tuesday he expects to be indicted in the coming days in New York, following his March arrest on charges he tried to extort millions of dollars from Nike.
PANAMA CITY (AP) — Nike said Tuesday it won't release a version of its Air Force 1 shoe meant to celebrate Puerto Rico, after an indigenous group in Panama objected to one of its traditional designs being used on the sneaker.
Nike and Adidas Urge President Trump to Reconsider TariffsThe escalating trade war has the footwear industry worriedYesterday, dozens of shoe retailers—including big names Nike (NKE) and Adidas—sent an open letter to President Trump
Jim Cramer is out, but Jeff Marks, senior portfolio analyst for Cramer's Action Alerts PLUS investing club, is back with the latest market news and analysis. , among other athletic apparel and shoe companies, sent President Donald Trump, and, of course, he's taking a look at some of the biggest retail earnings.
Nike, Under Armour, J.C. Penney and other athletic apparel and shoemakers penned a letter to President Trump late Monday asking the administration to reconsider tariffs placed on footwear made in China....
Jeff Marks, senior portfolio analyst at Action Alerts PLUS, weighs in on Home Depot, J.C. Penney, Kohl's and TJX earnings and Nike's letter to the White House.
With China playing a vital role in the supply chain process for most U.S. footwear firms, the proposed tariffs are likely to be a death knell for the industry that is already reeling under a $3 billion annual duty bill.
U.S. stock futures rose on Tuesday and global stocks snapped back following a move by the Commerce Department to ease restrictions on the ability of China's Huawei Technologies to do business with U.S. companies, soothing concerns of an all-out tech war between Washington and Beijing. Commerce Secretary Wilbur Ross said Huawei will be able to access U.S. technology and purchase equipment from American companies for up to 90 days in order to maintain existing network and update handsets. Contracts tied to the Dow Jones Industrial Average rose 144 points, futures for the S&P 500 were up 16.35 points, and Nasdaq futures gained 63.25 points.
lead a group of athletic apparel and shoe companies in an effort late Monday to urge President Donald Trump to reconsider placing tariffs on footwear made in China and imported into the United States, calling the levies a "catastrophic" move that will cost U.S. consumers $7 billion a year. and a host of U.S. footwear and apparel retailers in letter to Trump and senior members of his economic team, including Commerce Secretary Wilbur Ross, Treasury Secretary Steven Mnuchin and economic adviser Larry Kudlow, that called for shoes to be removed from a list of products that could face a 25% tariff over the coming months.
“They want Biden so that China can continue to make $500 billion dollars a year and more ripping off the United States,” Trump said at rally in Montoursville, Pennsylvania, on behalf of a Republican running in a special election for the House. Biden downplayed China while campaigning in Iowa City, Iowa, on May 1, drawing criticism from some of the other Democrats challenging him for the party’s nomination.
Trump is expected to impose 25% tariffs on another $300 billion worth of Chinese goods when he meets Chinese President Xi Jinping next month. The Footwear Distributors & Retailers of America (FDRA) estimates the hike in tariff would add $7 billion in additional costs for customers every year. The companies noted that the tariffs on footwear average 11.3% and reach rates as high as 67.5%.
For the second year in a row, the most valuable professional sports team is the Dallas Cowboys, with a market value of more than $4 billion. The list of the top 10 sports franchises with the highest market value in 2017 is based on Forbes annual ranking of National Football League, National Hockey League, National Basketball Association, Major League Baseball, Formula 1, soccer and Nascar teams. Only two NBA teams are in the ranking, while only one MLB team is in the top 10.
President Donald Trump has proposed implementing 25 percent tariffs on $300 billion worth of imported goods from China, including clothing and footwear.
More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, Ugg and Off Broadway Shoe Warehouse, have penned a letter to the White House asking President Donald Trump to consider a halt to tariff increases on footwear imported from China.
Nike NKE said is adding "written terms" to new contracts to support athletes during pregnancy days after being criticized for cutting the pay of some female stars who had children. "Moving forward, our contracts for female athletes will include written terms that reinforce our policy," Nike said in the release.